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Jan 2, 2013
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i think grover norquist is trying to save face. grover norquist and others in the republican have had to give up something they said they would never give up. they're all sounding like compromiser all of a sudden. >> what what does this aabout the tea party then? >>. >> this was a decision by boehner to go around the right side of his party. >> there's certainly been a rebalancing after the election. >> thanks very much. ali will be back at 11:00 p.m. eastern. we're not going away. history unfolding on the floor of the house of representatives. much more after this. ♪ i wish my patients could see what i see. ♪ that over time, having high cholesterol and any of these risk factors can put them at increased risk for plaque buildup in their arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alone aren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol to a goal of under 100. [ female announcer ] crestor is not
i think grover norquist is trying to save face. grover norquist and others in the republican have had to give up something they said they would never give up. they're all sounding like compromiser all of a sudden. >> what what does this aabout the tea party then? >>. >> this was a decision by boehner to go around the right side of his party. >> there's certainly been a rebalancing after the election. >> thanks very much. ali will be back at 11:00 p.m. eastern....
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Dec 30, 2012
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[applause] grover norquist chemo for about 16 hours. -- came out for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what we can do as scientists, is checked the risks and then the location details. but that is a whole different ball game. >> my name is carol stone. do you think the mayan calendar this year will have any effect? and what is the effect of the population in the world -- a billion on this issue of carbon -- >> violation? >> that -- there is a number of factors. when you look at local government in emissions. if there are more people on the planet burning carbon for energy, we will be adding more carbon to the atmosphere. on the other hand, people who are living in a western-style exist the
[applause] grover norquist chemo for about 16 hours. -- came out for about 16 hours. [laughter] definitely carbon taxes is bubbling up. rush right. and from a surprising source. people on the conservative side of the political spectrum, ultimately, i should not be a bar -- a partisan political issue. the day the sandy hit, i was with many people. >> of is just about to touch on that. fires burned homes with their democrats for republicans. the climate system does not care. hopefully, what...
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Dec 30, 2012
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and i was going to say, the other group -- oh, the -- when i gave a talk at grover norquist's wednesday meeting -- >> oh, that must have been interesting. >> one of the -- this was at the -- i gave two. there was first a meeting with him and some of the republican leaders which was open, and then there was one which was closed and i can't talk about that one but i'm sure it was at the first one. that one -- [laughter] -- one of them said, that's income redistribution. well, yeah, it is. the people who do a good job will get some of the money from somebody else. and -- but that's what if we don't do something like that. that's -- you see, we would reach -- if we did that, we would reach tipping points where alternatives would be cheaper than -- say, coal, and then you would quickly phase out the fossil fuel. so you then leave it in the ground and that's what we have to do. >> british columbia is doing something like this so that maybe there's some different details, but british columbia replaced one kind of tax, it was a payroll or corporate tax -- >> yeah. >> and imposed the carbon tax.
and i was going to say, the other group -- oh, the -- when i gave a talk at grover norquist's wednesday meeting -- >> oh, that must have been interesting. >> one of the -- this was at the -- i gave two. there was first a meeting with him and some of the republican leaders which was open, and then there was one which was closed and i can't talk about that one but i'm sure it was at the first one. that one -- [laughter] -- one of them said, that's income redistribution. well, yeah, it...
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Dec 30, 2012
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one middleman adnan grover norquist. someone who was never even elected. here is a man that has caused all the problems. all of the republicans have signed this pledge, which to me is unconstitutional. without him, we would not be talking today. >> salem, oregon, republican line. you are on the air. caller: good morning. as a college student, and i have listened to every single caller, this is an embarrassing day for our country. i am a first-time job hunter, unemployed, a college student with loans, i am embarrassed and looking at this situation. my life is going to be turned upside down because of this. legislators need to stop bickering with these comments. they need to come together and do something like this. i am embarrassed because of not -- because none of my legislators will do anything about it. >> who are your representatives? caller: [indiscernible] it is embarrassing. it was a good conversation and i said -- is there any way that you couldn't speak on the floor to this issue? he said pc would heat would do. he basically lied to my face. even t
one middleman adnan grover norquist. someone who was never even elected. here is a man that has caused all the problems. all of the republicans have signed this pledge, which to me is unconstitutional. without him, we would not be talking today. >> salem, oregon, republican line. you are on the air. caller: good morning. as a college student, and i have listened to every single caller, this is an embarrassing day for our country. i am a first-time job hunter, unemployed, a college student...
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Dec 31, 2012
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that was a pledge to grover norquist or by grover norquist's organization. he's turned his back on the pledge, peddled by grover norquist and his powerful lobby group, americans for tax reform. latourette says all options need to be on the table to avert a fiscal cliff. he joins us now. congressman latourette it looks like republicans are ready to raise rates on individuals making 400,000 aids ye$400,000 . is that the kind of compromise you had expected to take place? >> no, this is disgusting, quite frankly. and dysfunctional. latourette, by the way, in french, means dysfunctional. i'm used to it. i'll tell you that we find ourselves here after the 73 months that you talked about, and this is as good as it is going to get, it is really ridiculous and everybody here should be hanging their head in shame. >> we feel the same way. we got this fiscal cliff mess as a result of being up against the government's borrowing limit, the debt ceiling in august of 2011. we are expected to hit that debt limit again today. the treasury department says it can keep on payin
that was a pledge to grover norquist or by grover norquist's organization. he's turned his back on the pledge, peddled by grover norquist and his powerful lobby group, americans for tax reform. latourette says all options need to be on the table to avert a fiscal cliff. he joins us now. congressman latourette it looks like republicans are ready to raise rates on individuals making 400,000 aids ye$400,000 . is that the kind of compromise you had expected to take place? >> no, this is...
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Jan 1, 2013
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and the pledge is slowly, not completely -- >> grover norquist. >> grover norquist anti-tax pledge which is no way to run a business, no way to run a government. revenues are important if you understand a balance sheet. that thing has haunted us for a long time. >> krystal ball, the biggest loser. >> mine has helped in part helped rupert murdoch which is karl rove. many people thought even if they didn't like him, he was very smart. he exposed himself to not be very smart on election night on the other network. >> we only have two people left who might please me by choosing donald trump. let's see what happens. your biggest loser of 2012? >> donald trump. it's not, it's not. >> correct! you get the ipad. >> i hate to disappoint you. it's sheldon adelson. >> yes. >> and the house lost big. >> that was great. >> steve kornacki, the biggest. >> i want an ipad, but my biggest loser is the name that was for generations the gold standard in public opinion polling. gallup. and for all of october right up to election day said romney has an advantage and is going to win this race. they had about
and the pledge is slowly, not completely -- >> grover norquist. >> grover norquist anti-tax pledge which is no way to run a business, no way to run a government. revenues are important if you understand a balance sheet. that thing has haunted us for a long time. >> krystal ball, the biggest loser. >> mine has helped in part helped rupert murdoch which is karl rove. many people thought even if they didn't like him, he was very smart. he exposed himself to not be very...
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Dec 28, 2012
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they cannot cross over theer threshold that has been built by grover norquist. people who are rich, who make a lot of money, they're not opposing the raising of taxes on them. i the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. so anytime the speaker and thee republican leader come to the president and say we've got a deal for you, the president's door's always open, and mine is too. >> mr. president -- >> the republican leader. >> i would only add the majority leader's given you his view ofwf the last two years. i've certainly given you my take on it. the american people have spokene and they basically voted for the status quo. the president got reelected, the senate's still in democratic sti hands, and the house is still is republican hands. r the more than people haveep spoken. s the american people have spoken. today obviously expect us to come together and to produce a result. as i indicated, the president id called me and probably called po others last night.rs my impression is he w
they cannot cross over theer threshold that has been built by grover norquist. people who are rich, who make a lot of money, they're not opposing the raising of taxes on them. i the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. so anytime the speaker and thee republican leader come to the president and say we've got a deal for you, the president's door's always open, and mine is too. >> mr. president -- >>...
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Dec 27, 2012
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harry reid is still blaming grover norquist. send him a memo that norquist took himself out of the discussion a week ago when he backed the house republican plan "b." it's like the old stale talking points. for me, the big picture if you take a step back from this, the big picture story here is one of misplaced outrage. media folks with the commentators on all sides complaining there is a lack of compromise. we need comedy in washington. everybody should come together as starbucks barristas want. the real outrage is what started as an effort to trim the size and scope of government, the push tax cuts a decade ago or whether it was the debate over the debt ceiling, just over a year ago, is going to likely end up at asen effort to expand the size and scope of government. that is something that can only happen in washington. you have people that come together to limit government and bunch of contortions and missed opportunities and bad negotiating, it becomes a de facto expansion of government. >> charles? >> well, you know, there
harry reid is still blaming grover norquist. send him a memo that norquist took himself out of the discussion a week ago when he backed the house republican plan "b." it's like the old stale talking points. for me, the big picture if you take a step back from this, the big picture story here is one of misplaced outrage. media folks with the commentators on all sides complaining there is a lack of compromise. we need comedy in washington. everybody should come together as starbucks...
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we know that grover norquist may or may not have influence, but in the end, what is holding them back from a deal right now? >> one thing that is holding them back is that speaker boehner does not have full control over the conference. he has about 50 votes on the far right of the party that did not back his plan b to set a $1 million threshold. at the end of of the day, if a deal is going to be done, it is only going to happen if the center of both parties comes together. if you make any concessions significant to the democratic base, you will have concessions on the far right as well. that coalition is ultimately what got us across the finish line that ended the whole debacle of the credit rating, and here we are again. there is not that much time. if we go over the cliff, democrats are willing to put forth a bill to save the tax cuts, but it is the dysfunction that is the problem and the lack of predictable and the prediction of brinkmanship that has folks at home furious and it should. >> i am getting a lot of twitter activity on this, and that is the chain cpi and we have heard a
we know that grover norquist may or may not have influence, but in the end, what is holding them back from a deal right now? >> one thing that is holding them back is that speaker boehner does not have full control over the conference. he has about 50 votes on the far right of the party that did not back his plan b to set a $1 million threshold. at the end of of the day, if a deal is going to be done, it is only going to happen if the center of both parties comes together. if you make any...
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Dec 29, 2012
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but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. >>> but in a last minnesota minute compromise, both sides agree to $1 trillion in spending cuts up front, and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect, starting january 2013. at the exact moment when those bush tax cuts extended fo
but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans...
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and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left who may please me by choosing donald trump. alex wagner, the biggest loser of 2012? >> donald trump -- >> correct, correct, you get the ipad. >> i hate to disappoint you, it is shelden addelson -- the house lost. >> steve. >> i want an ipad, but the big loser, the name for generations, the gold standard in public opinion polling. gallup, all of october, on election day said romney has an advantage, going to win this, and people are going to look more skeptically at the gallup polls. >> let's see if silver comes up in the category, biggest winner, again, i'm going to go first, because once again, i couldn't be mor
and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left...
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. >> bret: saying that grover norquist just tweeted out a message. of course, the legendary or depending on your point of view if you are a democrat infamous tax cutter and fights for tax cuts and against tax increases here in washington heads up a group that really keeps the fire on the feet of lawmakers here. he just tweeted out "the bush tax cuts lapsed at midnight last night. every republican voting for senate bill is cutting taxes and keeping his or her pledge ." something that i think republicans were mentioning already. you can see that the time remaining there is at zero. and we are at 2:05 to 139. you can see the no votes there ticking down. the time can be extended for this vote and apparently there are a number of lawmakers who are waiting until the very end to cast their votes. again, we are are on the threshold here of passing the passage and i think we may have just made it at 2 214. charleston? >> while it is over. -- charles? >> the good news for all americans is that as of tomorrow we may never have to hear the word, phrase "fiscal c
. >> bret: saying that grover norquist just tweeted out a message. of course, the legendary or depending on your point of view if you are a democrat infamous tax cutter and fights for tax cuts and against tax increases here in washington heads up a group that really keeps the fire on the feet of lawmakers here. he just tweeted out "the bush tax cuts lapsed at midnight last night. every republican voting for senate bill is cutting taxes and keeping his or her pledge ." something...
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Jan 2, 2013
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grover norquist has absolved them and said voting for this today is not voting for a tax increase of any time, even though you're restoring some of the top rates. i think they'll get pretty fwar that argument. they're going to need to deliver some more in 2013. it's going to be difficult. again, they're convinced that when we come back to the debt limit increase, that we're going to have another discussion of entitlement reform. well, they have given up and lost a couple of big chances for entitlement reform. the best scenario they probably have had so far in the obama presidency was that summer in 2011 where the white house was surprised at every turn how far they were willing to go on demands with the debt limit. they didn't get entitlement reform then. they didn't get the super committee. they're not looking at a slightly smaller republican house majority and a slightly larger democratic senate majority cobbling some sort of entitlement reform coalition there in just two months. and i think they're going to have to -- there are going to be a lot of republicans telling their primar
grover norquist has absolved them and said voting for this today is not voting for a tax increase of any time, even though you're restoring some of the top rates. i think they'll get pretty fwar that argument. they're going to need to deliver some more in 2013. it's going to be difficult. again, they're convinced that when we come back to the debt limit increase, that we're going to have another discussion of entitlement reform. well, they have given up and lost a couple of big chances for...
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but he's got a caucus that does not want to violate the grover norquist pledge. by the way, the debt is a serious problem. and that's why i think the president and many of us were disappointed once again that we didn't get a grand bargain. everything should be on the table. but at least this time there is an outcome that is possible, that will do no harm, and will allow us to continue this debate on how to right size government and get savings in some of our benefit programs. >> all right, congressman peter welch, thank you. it appears at least the ball has been moved a little bit down the field. thank you so much. we appreciate your time. >> thank you. >>> well, forget the politics for a second. up next, find out what the breaking developments mean for the markets tomorrow. and your paycheck. that's right. your paycheck in the coming months. more breaking news continues. stay here. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replace
but he's got a caucus that does not want to violate the grover norquist pledge. by the way, the debt is a serious problem. and that's why i think the president and many of us were disappointed once again that we didn't get a grand bargain. everything should be on the table. but at least this time there is an outcome that is possible, that will do no harm, and will allow us to continue this debate on how to right size government and get savings in some of our benefit programs. >> all...
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Dec 26, 2012
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he took the grover norquist pledge. he did all the things that were required of a potential republican nominee. but in each of those steps, he made it harder for him to win a general election. and he brought to this some strengths. the other thing that will the president four years ago was that romney was the likely nominee because i believe in the theory of opposites. whoever the incumbent is, people are looking for the brevity, not the replica. and romney would represent a stark difference from obama, a businessman, grounded, not a visionary, not an order for. >> so you thought he would be the nominee. you thought that through the whole entire primary process? >> i had a few moments of doubt, as i suspect he may have. but he got to those moments was to do what i said, to move to the right. with each step, i think he made himself more vulnerable. in the abstract, his profile as a businessman will stay positive, even until the final day. it was the concept of a businessman who knows how to create jobs and so on. that wa
he took the grover norquist pledge. he did all the things that were required of a potential republican nominee. but in each of those steps, he made it harder for him to win a general election. and he brought to this some strengths. the other thing that will the president four years ago was that romney was the likely nominee because i believe in the theory of opposites. whoever the incumbent is, people are looking for the brevity, not the replica. and romney would represent a stark difference...
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Jan 3, 2013
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norquist the leader in the anti-tax movement has said that this isn't a tax increase. you're correct, that there are schisms within the gop that did not exist before but that's what a new congress does. and if the focus turns from tax policy to spending i think that you'll find that the republicans will unite. >> yeah, but i think part of the criticism as you know frank, is that here's a republican party that agreed to tax cuts but got no spending cuts and no entitlement reform out of this president, that it wasn't a great deal after all. >> and that's -- and the american people would agree with that. norah, you're correct. and so they're going to come back at this with the debt ceiling and with the budget over the next two and three months and it's going to be up to the president to prove, to demonstrate to the american people that he is serious that this deficit cannot be solved just by take increases, that in the end you've got to get entitlement programs under control and you've got to plan for the future. that's also part of this vote on sandy. you can't spend --
norquist the leader in the anti-tax movement has said that this isn't a tax increase. you're correct, that there are schisms within the gop that did not exist before but that's what a new congress does. and if the focus turns from tax policy to spending i think that you'll find that the republicans will unite. >> yeah, but i think part of the criticism as you know frank, is that here's a republican party that agreed to tax cuts but got no spending cuts and no entitlement reform out of...
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Jan 3, 2013
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they had the blessings of grover norquist that this was not -- what you see is not really a tax increase. they didn't have to worry about their pledges. but it was really about their next election. >> bill: it really comes down to a question of priorities, doesn't it? >> it is more than priorities, bill. it is -- it is fundamental. what are you here for? what are you here for? are you here to just guarantee that you're re-elected? and take cautious votes because you want to make sure that you're protecting your personal flank or are you interested in the american people's flank? >> bill: well here's the question then. that's not true of all republicans but it seems -- it is certainly true of those who are driving the train right now in that republican caucus. given that and that those districts, where they came from are unlikely to change, is it even possible to govern these days? >> i think we have to govern. we don't have a choice. but it makes it that much more difficult because this fiasco we've just gone through is going to be repeated. we're going to lurch forward from one crisis t
they had the blessings of grover norquist that this was not -- what you see is not really a tax increase. they didn't have to worry about their pledges. but it was really about their next election. >> bill: it really comes down to a question of priorities, doesn't it? >> it is more than priorities, bill. it is -- it is fundamental. what are you here for? what are you here for? are you here to just guarantee that you're re-elected? and take cautious votes because you want to make...
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>> about this, grover norquist to talk about it. >> love him. >> he's got to be annoyeded. >> on where is the commonground. >> thank you, ger. crude at $90.98 a barrel, up $2.37 a barrel. weaker dollar adding to that too. you saw the pictures on the eastern sea board, middle east headlines pushing prices higher. reports say that iraqi kurds suspended production by 180,000 a day. that's going to be bullish news there on the price of crude. >> a lot going on, and not all the fiscal cliff i should say, thankfully. what it means for you and your taxes. you got to hear this. >> forget holiday cheer, the top box office winners ahead. as we do every day at this time, favorite time of the day, the bond yield. there's the ten year. the perceived security of u.s. debt, the long bond. back in a moment. ♪ >> here's your fox business brief. well, more good news for recovery in the housing market in october. the latest index shows prices in the 20citi watt group, 23% year over year. chicago and new york the only cities with annual negative returns. there's a deal with walmart to build gas stations
>> about this, grover norquist to talk about it. >> love him. >> he's got to be annoyeded. >> on where is the commonground. >> thank you, ger. crude at $90.98 a barrel, up $2.37 a barrel. weaker dollar adding to that too. you saw the pictures on the eastern sea board, middle east headlines pushing prices higher. reports say that iraqi kurds suspended production by 180,000 a day. that's going to be bullish news there on the price of crude. >> a lot going on,...
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house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now a
house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to...
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if grover norquist was here, he would say the greatest thing we're able to promise people is no further tax rises. it was the major mistake that bush sr. made when he said read my lips, no new taxes and then broke that pledge. what will you then say at the next election when this issue comes up? >> again, i think i held taxes down to 99% of the people. if it went over the cliff, we would have had to deal with it and then had a tax cut. i think just plain in terms of terminology with each other, but the bottom line, 99% of americans are going to get a tax cut. $730 billion. again, wasn't exactly the way i'd like to see it go down because i'd like to see a spending aspect of it. 49 out of 50 governors, that's what i'm going to push for, but we'll have that spending battle, which is the real issue going forward, but we did bring certainty to some of the tax code. i know a lot of small business people are excited about that. >> it is the real issue, congressman, and it could be the more vitriolic battle on capitol hill. do you feel by siding with the democrats this time around that somehow,
if grover norquist was here, he would say the greatest thing we're able to promise people is no further tax rises. it was the major mistake that bush sr. made when he said read my lips, no new taxes and then broke that pledge. what will you then say at the next election when this issue comes up? >> again, i think i held taxes down to 99% of the people. if it went over the cliff, we would have had to deal with it and then had a tax cut. i think just plain in terms of terminology with each...
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Jan 3, 2013
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norquist pledge. he could be a real blueprint as to whether anything is going to get done in this congress and why he voted for eric cantor. plus, we're going to talk about in maryland, wolf, we've been talking a lot about mental health in relation to gun policy in this country. and in maryland, a panelist has come forth with a panel of recommendations that say, if you make a threat against somebody, a threat against their lives or makes them feel afraid, that if you have a gun, law enforcement could come and seize all of your firearms. is that fair or is that a violation of the second amendment? that's coming up, top of the hour. >> it's a good, intriguing question. i'll be watching, erin. thanks very much. sounds like an excellent show at the top of the hour. >>> other news we're following including a taliban commander who is killed in a suspected drone strike. kate's been monitoring that, some of the other top stories in "the situation room." what happened? >> this all happened in pakistan's volati
norquist pledge. he could be a real blueprint as to whether anything is going to get done in this congress and why he voted for eric cantor. plus, we're going to talk about in maryland, wolf, we've been talking a lot about mental health in relation to gun policy in this country. and in maryland, a panelist has come forth with a panel of recommendations that say, if you make a threat against somebody, a threat against their lives or makes them feel afraid, that if you have a gun, law enforcement...
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Jan 2, 2013
01/13
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it doesn't surprise me grover norquist gave ground cover to what some of the house republicans did. it doesn't surprise me that the administration, the vice president, the president did the easy thing. the only thing i think is going to be surprising is how much of a battle that probably gets best record in 6-8 weeks regarding the debt ceiling. there has to be some type of an end game for sanity. i think everything that's happened thus far doesn't surprise me. i guess the most surprising thing i've seen in the last week is why new york fired the general manager instead of the coach. watching politicians all slap each other on the back while the country slips into a grecian like formula isn't surprising. >> are you surprised the market so far in looking at the futures has taken such a positive outlook on this? >> i don't know. to me, the fair value adjustments in the opening is far from a cohuge move in my opinion. here we are a move in the fixed income markets because of the move in stocks. i caution everybody to wait until the close because i think some of the intraday outside nois
it doesn't surprise me grover norquist gave ground cover to what some of the house republicans did. it doesn't surprise me that the administration, the vice president, the president did the easy thing. the only thing i think is going to be surprising is how much of a battle that probably gets best record in 6-8 weeks regarding the debt ceiling. there has to be some type of an end game for sanity. i think everything that's happened thus far doesn't surprise me. i guess the most surprising thing...
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Dec 27, 2012
12/12
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a few weeks ago, a lot of people said, okay, grover norquist, we are going to say, if we have to make this to get our country through the toughest one of the toughest times, we will vote for tax increases. >> and it didn't even come to a vote in the house, because they couldn't approve boehner's plan. >> the vote in the house -- >> you're making my case. >> that was a ridiculous plan. >> they can't even get it to a vote in the house because they don't even have consensus on it. president obama has proposed something. look we have agreement in both parties that we don't want taxes to go up at least for the people who make 250,000 dollars or less. we want to do something about the amt. both sides agree with that. let us at least pass a bill to deal with that. the senate passed a bill back in july. why can't the house just confirm that? >> oh, come on because the senate is a joke. they haven't even been able to pass a budget in over three years. come on. >> the senate passed a deal in july that dealt with the amt. it dealt with dividends and capital gains and it dealt with the, the funda
a few weeks ago, a lot of people said, okay, grover norquist, we are going to say, if we have to make this to get our country through the toughest one of the toughest times, we will vote for tax increases. >> and it didn't even come to a vote in the house, because they couldn't approve boehner's plan. >> the vote in the house -- >> you're making my case. >> that was a ridiculous plan. >> they can't even get it to a vote in the house because they don't even have...